The number of cryptocurrency users on the African continent continues to grow very rapidly. The growth in the number of crypto users in Africa has been very fast growing from 2020 until now. Even before that year, many people knew crypto on the plains of Africa. especially in Nigeria, which is the country with the most crypto holders on the African continent. followed by Central Africa and Kenya. But the fate of crypto users in nigeria is not as lucky as crypto users in Central Africa. because it is true that in dinigeria it seems that the government has begun to impose certain restrictions.
The situation is different in Central Africa. there the government seems to be increasingly supportive of cryptocurrencies.
even recently we can see through the tweet of Binance CEO, CZ meeting with the president of central africa.. In his tweet CZ said
"In Sénégal , meeting HE Mr. President, Central Bank, and Binance Angels"
sourch :
https://mobile.twitter.com/cz_binance/status/1544818369362141184Many innovations have sprung up in Africa. I think the people there are more passionate about the development of cryptocurrencies. even in all its limitations. like an example is from the news I read from the cointelegraph entitled
"Bitcoin without internet: SMS service allows sending BTC with a text. in the news it was stated that a developer from South Africa, named
Kgothatso Ngako made an innovation, namely a Bitcoin service using a cellular network (SMS).
I think it's a great innovation. although maybe someone has done it before. but still it's a wonderful thing. the growth of crypto users there is truly extraordinary. here is a screenshot shown by
Kgothatso Ngako about sending bitcoin via SMS service.
I believe that the African economy will gradually improve in the next generation.
Sourch :
Cointelegraph.